As real U.S.GDP increases, U.S.income increases and so
A) U.S.imports decrease.
B) U.S.exports decrease.
C) U.S.imports increase.
D) U.S.exports increase.
E) investment increases.

Name: As real U.S.GDP increases, U.S.income increases and so A) U.S.imports decrease. B) U.S.exports decrease. C) U.S.imports increase. D) U.S.exports increase. E) investment increases.
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Question

Quizplus · Accepted Answer

As U.S. income increases, consumers and businesses have more purchasing power, leading to an increase in imports.

As Real U.S.GDP Increases, U.S.income Increases and So